Merger That Came to Aid of Knight Capital Struggles

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Bradley Hope Every Monday morning for the past 20 months, Daniel Coleman has stepped off his private jet from Alabama and straight into a storm. The southerner is chief executive of KCG Holdings Inc., the New Jersey-based company that ...

Cuomo, New York Lawmakers Reach a Budget Deal

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Mike Vilensky And Erica Orden ALBANY--New York Gov. Andrew Cuomo and legislative leaders struck a deal late Sunday evening for a $142 billion state budget that will implement new income-disclosure policies for lawmakers and changes to the teacher-evaluation process ...

Iran Talks Keep Crude-Oil Futures Under Pressure

TODAY: March 30, 2015 PUB DATE: March 30, 2015

HONG KONG--Talks over a possible relaxation of sanctions against Iran that may increase global oil supplies kept crude-oil futures near a week's low Monday, while a supply disruption due to Saudi airstrikes on Yemen looked increasingly unlikely. On the New ...

China Shares Higher on Easing Hopes, but Fed Uncertainty Weighs--Update

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Gregor Stuart Hunter and Brad Frischkorn Chinese stocks jumped higher Monday after policy makers signaled the country has room to ease monetary policy to boost sluggish growth, while Australian stocks were knocked by falling commodity prices. The Shanghai Composite ...

Greece to Dominate European Markets

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Josie Cox Greece looks set to dominate European markets in a short trading week, with the country facing a deadline to submit its latest reform proposals Monday. Officials from Athens were in Brussels over the weekend to present proposals ...

Eurozone Business Confidence Jumps in March

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Paul Hannon Businesses and consumers across the eurozone became more optimistic about their prospects in March, reflecting lower oil prices, a weaker euro, and the hope that the European Central Bank's new program of quantitative easing will prove decisive ...

Polish Rate Setter Sees No Sense in Further Easing

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Patryk Wasilewski WARSAW--Poland's economy is unlikely to benefit from further monetary easing and cutting rates deeper would only force the central bank to reverse the move sooner, Monetary Policy Council member Andrzej Bratkowski writes Monday. Mr. Bratkowski was one ...

Hon Hai 2014 Earnings Rise 22%

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Lorraine Luk HONG KONG-- Hon Hai Precision Industry Co., the world's largest manufacturer of electronics, said its 2014 net profit rose 22% from a year earlier, thanks to strong sales of larger-screen Apple Inc. iPhones. The company said its ...

Yoox Confirms It Is in Talks With Net-A-Porter

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By John Revill ZURICH--Italian online fashion retailer Yoox SpA said Monday that it was in talks about a possible "business combination" with Net-A-Porter, the Web-based clothing seller owned by luxury giant Cie. Financière Richemont SA. In a statement, Milan-based Yoox ...

Cuomo, New York Lawmakers Reach a Budget Deal -- Update

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Erica Orden And Mike Vilensky ALBANY--Gov. Andrew Cuomo and legislative leaders struck a deal late Sunday evening for a state budget that will implement new income-disclosure policies for lawmakers and changes to the teacher-evaluation process and teacher-tenure policies. The ...

UnitedHealth to Buy Catamaran for $12.8 Billion in Cash

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Anna Mathews UnitedHealth Group Inc. plans to acquire Catamaran Corp. for about $12.8 billion in cash, bulking up its pharmacy-benefit business as spending on cutting-edge drugs is a growing concern for employers and insurers. Catamaran, the fourth-largest pharmacy-benefit manager ...

Dollar Tad Higher Against Yen, Euro Ahead of Data

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Hiroyuki Kachi The dollar was slightly higher against the yen and the euro in Asian trade Monday, with many market participants avoiding taking strong positions ahead of key data including U.S. labor figures out later this week. Around 0150 ...

G-20 Leak Revealed World Leaders' Personal Details

TODAY: March 30, 2015 PUB DATE: March 30, 2015

CANBERRA, Australia--Australian authorities inadvertently revealed personal details of world leaders, including their passport numbers, by accidentally emailing the information to organizers of a soccer tournament. Australia's immigration department said Monday it had tightened email security, after the Guardian newspaper reported ...

Iran Talks Keep Crude-Oil Futures Under Pressure in Asia

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Biman Mukherji HONG KONG--Talks over a possible relaxation of sanctions against Iran that may increase global oil supplies kept crude-oil futures near a week's low Monday, while a supply disruption due to Saudi airstrikes on Yemen looked increasingly unlikely. ...

Japan Industrial Output Slumps in February

TODAY: March 30, 2015 PUB DATE: March 30, 2015

TOKYO--Japanese industrial production contracted for the first time in three months in February, the latest economic data indicating continued sluggishness in the Japanese economy. Production of everything from cosmetics and computers to semiconductor and construction cranes decreased 3.4% from the ...

Brazil General Price Index Up 0.98% In March Vs. +0.27% In February

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Rogerio Jelmayer SAO PAULO--Brazil's general price index, known as the IGP-M, picked up in March versus February, according to figures published Monday by the private Getulio Vargas Foundation, providing no relief for the central bank amid its intense fight ...

Singapore Dollar Extends Weakness After Yellen Commentary

TODAY: March 30, 2015 PUB DATE: March 30, 2015

Latest Change USD/SGD 1.3736 +0.0022 Overnight Rate 0.50% +25 bps 2-Year Bond Yield 1.32% +5 bps 10-Year Bond Yield 2.32% +9 bps 2-Year Swap Offer 1.58% +7 bps 10-Year Swap Offer 2.47% +4 bps 2-10-Year Swap Curve 89 bps -3 ...

U.K.'s Biggest Banks Undergo Stress Test

TODAY: March 30, 2015 PUB DATE: March 30, 2015

LONDON--The U.K.'s biggest banks will be subjected to a severe global economic slowdown and face major difficulty trading assets under the latest Bank of England stress test. The hypothetical stress test sees the eurozone and Chinese economy contract, commodity prices ...

Cuomo, New York Lawmakers Reach a Budget Deal -- Update

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Erica Orden and Mike Vilensky ALBANY--Gov. Andrew Cuomo and legislative leaders struck a deal late Sunday evening for a state budget that will implement new income-disclosure policies for lawmakers and changes to the teacher-evaluation process and teacher-tenure policies. The ...

CMO Today

TODAY: March 30, 2015 PUB DATE: March 30, 2015

(FROM THE WALL STREET JOURNAL 3/30/15) Startup Allows Users To Share TV Clips Does anything have more potential to go viral than a clip of comedians making fun of Justin Bieber while he sits there and takes it? That is ...